HDBank has received the Green Deal Award from the Asian Development Bank in Singapore. (Photo courtesy of HDBank)
HCM City (VNA) - HDBank has recently beenawarded the Green Deal Award by the Asian Development Bank in Singapore, makingthis the first time a Vietnamese participating financial institution ofADB has won this award.
The Green Deal Award was introduced this year by ADB to honour banks withnotable achievements in green finance that are a part of ADB's Trade FinanceProgramme, a global finance programme that provides guarantees and loans to 240worldwide partner banks, with the goal of supporting small and medium-sizedenterprises.
Hundred of millions of dollars worth of trade finance for solar-poweredprojects have been made through HDBank transactions, contributing to the growthof green businesses and the realisation of renewable energy developmentstrategy in the country.
HDBank is one of the few Vietnamese banks that are part of the programme,which requires that banks satisfy ADB's requirements on operationalefficiency, financial health and risk management, among others.
The bank is focusing on green banking and identified green credit as acurrent trend, in which businesses not only care for business performancesbut also environmental impact.
HDBank have also received numerous awards in the past, including the LabourOrder 2nd Class, Best Managed Company in Asia and Top 6 Profitable ListedBanks. –VNA
